511 W Beard RdPentwaterMI49449
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Pentwater at 511 W Beard Rd, Pentwater, MI, 49449 priced at $189,000 converts $1,432/mo rent into $186/mo cash flow after a $925/mo obligation. Total monthly income equals $1,432/mo, and annual cash flow totals $2,228/yr on $62,654 invested. Return on cash invested prints 23.47% in year one, and rental yield reads 9.09% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. Five-year ROI reaches 122.46% and total cumulative return in cash sums $76,726. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,432/mo property income covering a $925/mo payment, not borrower’s personal income.
Single Family
Built in 1950
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49449, Pentwater, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,698 (100%) |
| Owner Occupied HU | 1,193 (44.2%) |
| Renter Occupied HU | 132 ( 4.9%) |
| Vacant Housing Units | 1,373 (50.9%) |
| Median Home Value | $310,494 |
| Average Home Value | $372,414 |
Housing Distribution
Address Breakdown
Residential
1,433
Single Family
1,425
Multi-Family
8
Businesses
105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices